my scottrade details:Buy 37 shares CROX @ $27.69 8/3/2006Buy 25 shares CROX @ $31.50 5/3/2006Sell 25 shares CROX @ $76.37 5/18/2007Sell 50 shares CROX @ $41.75 7/5/2007Sell 24 shares CROX @ $53.69 11/1/2007 I got scared pre-split @ 76, thought it was getting ahead of itself, and wanted to lock in gains. post-split, I was still scared, saw better opportunities (CELG & STP), and sold out. after the collapse, I sold the remainder of my position at 53.69 ... yesterday it touched $36.Lesson: if you get nervous, lock in some gains and play with house money. when the bottom falls out of a momentum stock, you should fall out of love with it too. Set up stop-loss limits. When there is blind faith & loyalty, its time to start running the other way - particularly when a stock has been on a fantastic ride of late (like, say, 300% a year).To be fair, Im waiting for some stabilization to the CROX price for a potential buy down the road. If their youbycrocs line sells well and the stock price is lower than current levels this stock will be dirt cheap.
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